Barclays also readjusted earnings after the recent closing of the acquisition of Vesco.

"We are raising our EBITDA/DCF estimates given the effects of the Vesco acquisition which closed on Sep 28. We adjust our distribution growth estimate to 3% in 2010 and maintain our distribution growth estimate of 5% from 2011-2013. Our distribution estimate implies average distribution coverage of 1.3x. We continue to believe NGLS is well positioned to show solid distribution growth driven by organic projects and 3rd party acquisitions," said Barclays.